Dow Expects Strong Sales as Higher Prices Power Beat

Dow Expects Strong Sales as Higher Prices Power Beat
The Dow Chemical logo is displayed on a board above the floor of the New York Stock Exchange shortly after the opening bell in New York on Dec. 22, 2015. Lucas Jackson/Reuters
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Dow Inc. on Thursday forecast better-than-expected revenue for the fourth quarter after beating estimates on higher prices across its business following a rebound in economic activity and tight supplies after Hurricane Ida.

Demand for the company’s chemicals, used in everything from plastic and food packaging to textiles, electronics, and paints, has bounced back as industrial and automotive activity recovers from pandemic lows.